Listed price in listed location currency (USD).
$875,000

003

MLS® 787062550

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $12,728
Days Active 1
Lot Size 0.14 Acres
Approx. Age 1959
MLS® Number 787062550

Property Address: 2940 Se Brooklyn St, Portland, OR, 97202

Average square foot calculated using Size range provided by listing agent.

Description

Immaculately maintained triplex in a highly sought-after Southeast Portland location, offered in conjunction with the neighboring triplex. Both properties must sell and close together.Each unit lives like a home. Private garage and private basement space accessible only to that tenant, a feature that consistently drives demand and retention in this rental pool. Air conditioning in every unit. Hardwood floors throughout. Most units have been updated, and new water service lines serve each building.The setting sets this offering apart: impeccable landscaping, a beautiful central courtyard, and a peaceful, established residential block that tenants do not leave easily.Operating expenses are light for ownership. Tenants pay their own water, sewer, and gas. The landlord pays trash only.Current rents sit approximately 12% below market, delivering immediate upside to a new owner without repositioning the asset or displacing tenants. Strong in-place income, minimal deferred maintenance, and a clear path to higher NOI.An uncommon opportunity to acquire six units side by side in one of Portland's most durable rental submarkets, with the scale advantages of a small multifamily portfolio and the tenant appeal of individual homes.Sold subject to the concurrent sale of the adjacent triplex. All offers subject to interior inspection. Please do not disturb tenants.
MLS® Number787062550
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1959
BasementUnfinished
DrivewayAttached, Garage
Garage Spaces
HeatForced Air, Wall Heater
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
2940 Se Brooklyn St, Portland, OR

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